Anviron Announces Long-Term Debt Reduction and Share Structure Changes and SpongeTech(R) Delivery Systems, Inc. Sponsored Darryl Strawberry Foundation's 2nd Annual Charity Golf Classic

City of Industry, CA --(www.USEquityNews.com)-- 08/29/2008 - Consumer Goods industry alert provided by U.S. Equity News. The Anviron Holding Company (OTC: ANVH) ("Anviron"), a manufacturer and marketer of "Clean & Green" products and technology, announced that it has filed an Amendment to the Articles of Incorporation reducing the conversion rights of its preferred stock. In addition, the company announced the reduction of its remaining long-term debt by $239,000 USD. "As our cash reserves begin to grow after the trying and difficult growth phase we have experienced, the company has been able to reduce our long term debt by more than $239,000 in the month of August. This reduction is a pivotal step in controlling our shareholder base, as this reduction also eliminates the last remaining convertible note posted on the books of the company," stated Marcie Corbin acting CFO of Anviron. The company in an effort to position itself in the most favorable like to investors has taken the steps in cooperation with its largest shareholders to reduce the current conversion rights of its preferred stock.


Darling International Inc. (NYSE: DAR) announced that it has completed its acquisition of substantially all of the assets of API Recycling's used cooking oil collection business. API Recycling is a division of American Proteins, Inc., and it operated three facilities in the state of Georgia servicing surrounding states. Darling International Inc. Chairman and Chief Executive Officer Randall Stuewe said, "We are excited about our acquisition of API's three facilities in Georgia. These modern facilities will help us continue our strategy of broadening our national footprint in the restaurant services segment." Darling International Inc. is the largest publicly traded, food processing by-products recycling company in the United States.

SpongeTech(R) Delivery Systems, Inc. (OTCBB: SPNG) www.spongetech.com a company which designs, produces, and markets innovative, cost-effective, and environmentally sensitive packaging and product delivery solutions through its exclusive patented packaging technology, sponsored the Darryl Strawberry Foundation Golf Outing for Children and Families Affected by Autism on Monday, August 25th at the Bethpage State Park in Farmingdale, New York. Among the sports greats in attendance were: Carl Banks, Sam Rosen, John Starks, Willie Upshaw, Ozzie Smith, Ray Lucas, Curtis McGriff, Bruce Harper, and Ron Darling, among others. SpongeTech has a partnership with the Darryl Strawberry Foundation whereby the Company has committed to donate a percentage of its children's bath sponge, Puddle Pals, revenues to the Darryl Strawberry Foundation. Puddle Pals is a baby bath toy filled with hypoallergenic soap, with each sponge capable of up to eight washes.

National Patent Development Corporation announced the successful completion of its cash tender offer through its wholly-owned subsidiary,
NPDV Acquisition Corp., to purchase all outstanding shares of common stock of Five Star Products, Inc. (OTCBB: FSPX) not already owned by National Patent, NPDV Acquisition Corp. or their subsidiaries. The tender offer expired at 12:00 Midnight, New York City time, on Tuesday, August 26, 2008. Based on the final count by Computershare Trust Company, N.A., the depositary for the tender offer, as a result of the tender offer, National Patent will own approximately 93% percent of the outstanding shares of common stock of Five Star. All shares validly tendered, and not withdrawn, prior to the expiration of the tender offer have been accepted for purchase by NPDV Acquisition Corp. at a purchase price of $0.40 per share, in cash, for each share tendered, for an aggregate purchase price of approximately $1,028,000.

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